LMJ GROUP: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
LMJ GROUP
Largest movements
- Receivables within one year -€651,751
down €651,751 (-73.0%), from €893,345 to €241,594
of which Trade receivables: -€651,908
- Financial fixed assets -€20,000
down €20,000 (-100%), from €20,000 to €0
- Intangible fixed assets -€16,630
down €16,630 (-100%), from €16,630 to €0
- Profit (loss) carried forward -€694,371
down €694,371, from €2,108 to -€692,263
- Trade debts +€33,059
up €33,059 (+12.6%), from €263,314 to €296,373
- Current portion of long-term debt -€23,517
down €23,517 (-58.0%), from €40,528 to €17,010
- Debts after one year +€12,608
up €12,608 (+2.1%), from €588,796 to €601,403
of which Other amounts payable: +€29,618
- Tax, wage and social debts -€10,121
down €10,121 (-40.4%), from €25,068 to €14,948
of which Taxes: -€10,574
- Write-downs +€474,348
up €474,348 (+217%), from €218,532 to €692,880
- Gross operating margin -€188,672
down €188,672 (-76.0%), from €248,089 to €59,417
- Depreciation +€14,214
up €14,214 (+341%), from €4,168 to €18,382
- Financial charges +€10,623
up €10,623 (+40.0%), from €26,538 to €37,161
of which Non-recurring financial charges: +€20,000
- Staff costs -€4,642
down €4,642 (-97.6%), from €4,757 to €114
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €950,103 | €267,894 | -€682,209 | -71.8% |
| Fixed assets | 21/28 | €39,307 | €4,718 | -€34,589 | -88.0% |
| Intangible fixed assets | 21 | €16,630 | €0 | -€16,630 | -100% |
| Tangible fixed assets | 22/27 | €2,677 | €4,718 | +€2,041 | +76.2% |
| Plant, machinery and equipment | 23 | €1,616 | €747 | -€869 | -53.8% |
| Furniture and vehicles | 24 | €1,061 | €3,970 | +€2,910 | +274% |
| Financial fixed assets | 28 | €20,000 | €0 | -€20,000 | -100% |
| Current assets | 29/58 | €910,796 | €263,176 | -€647,619 | -71.1% |
| Amounts receivable after more than one year | 29 | €4,971 | €11,026 | +€6,055 | +122% |
| Other amounts receivable | 291 | €4,971 | €11,026 | +€6,055 | +122% |
| Amounts receivable within one year | 40/41 | €893,345 | €241,594 | -€651,751 | -73.0% |
| Trade receivables | 40 | €893,341 | €241,432 | -€651,908 | -73.0% |
| Other amounts receivable | 41 | €4 | €161 | +€157 | +3,552% |
| Cash at bank and in hand | 54/58 | €4,101 | €4,145 | +€45 | +1.1% |
| Deferred charges and accrued income | 490/1 | €8,379 | €6,411 | -€1,968 | -23.5% |
| Total equity and liabilities | 10/49 | €950,103 | €267,894 | -€682,209 | -71.8% |
| Equity | 10/15 | €32,108 | -€662,263 | -€694,371 | |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,108 | -€692,263 | -€694,371 | |
| Amounts payable | 17/49 | €917,994 | €930,157 | +€12,162 | +1.3% |
| Amounts payable after more than one year | 17 | €588,796 | €601,403 | +€12,608 | +2.1% |
| Financial debts | 170/4 | €68,985 | €51,975 | -€17,010 | -24.7% |
| Other amounts payable | 178/9 | €519,810 | €549,428 | +€29,618 | +5.7% |
| Amounts payable within one year | 42/48 | €328,910 | €328,331 | -€579 | -0.2% |
| Current portion of amounts payable after more than one year | 42 | €40,528 | €17,010 | -€23,517 | -58.0% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €263,314 | €296,373 | +€33,059 | +12.6% |
| Suppliers | 440/4 | €263,314 | €296,373 | +€33,059 | +12.6% |
| Taxes, remuneration and social security | 45 | €25,068 | €14,948 | -€10,121 | -40.4% |
| Taxes | 450/3 | €25,068 | €14,494 | -€10,574 | -42.2% |
| Remuneration and social security | 454/9 | €0 | €454 | +€454 | |
| Accrued charges and deferred income | 492/3 | €289 | €422 | +€134 | +46.3% |
| Non-recurring operating income | 76A | €219,911 | €21,371 | -€198,540 | -90.3% |
| Remuneration, social security and pensions | 62 | €4,757 | €114 | -€4,642 | -97.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,168 | €18,382 | +€14,214 | +341% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €218,532 | €692,880 | +€474,348 | +217% |
| Other operating charges | 640/8 | €8,088 | €6,708 | -€1,380 | -17.1% |
| Gross operating margin | 9900 | €248,089 | €59,417 | -€188,672 | -76.0% |
| Operating profit (loss) | 9901 | €12,544 | -€658,667 | -€671,212 | |
| Financial income | 75/76B | €550 | €3,138 | +€2,588 | +470% |
| Recurring financial income | 75 | €550 | €3,138 | +€2,588 | +470% |
| Financial charges | 65/66B | €26,538 | €37,161 | +€10,623 | +40.0% |
| Recurring financial charges | 65 | €26,538 | €17,161 | -€9,377 | -35.3% |
| Non-recurring financial charges | 66B | - | €20,000 | +€20,000 | |
| Profit (loss) for the period before taxes | 9903 | -€13,444 | -€692,691 | -€679,247 | -5,053% |
| Income taxes | 67/77 | €915 | €1,681 | +€766 | +83.7% |
| Profit (loss) for the period | 9904 | -€14,358 | -€694,371 | -€680,013 | -4,736% |
| Profit (loss) for the period to be appropriated | 9905 | -€14,358 | -€694,371 | -€680,013 | -4,736% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.